27-400: Grolier was one of the largest American publishers of general encyclopedias, including The Book of Knowledge (1910), The New Book of Knowledge (1966), The New Book of Popular Science (1972), Encyclopedia Americana (1945), Academic American Encyclopedia (1980), and numerous incarnations of a CD-ROM encyclopedia (1986–2003). As an educational publishing company Grolier
54-515: A US$ 100 million international business, primarily located in the UK, Canada and Asia. Grolier was purchased by Scholastic for US$ 400 million in June 2000. The new owners projected a 30% increase in operating income, although historically Grolier had experienced earnings of 7% to 8% on income. Staff reductions as a means of controlling costs followed soon thereafter, even while an effort was made to augment
81-714: A building at the intersection of the Boulevards Saint-Germain and Saint-Michel in the Saint-Germain-des-Prés area, then from 2006 to 2015 in Grenelle , in Paris's 15th arrondissement. In June 2014, the company's U.S. affiliate in conjunction with Perseus Books Group , and Ingram Content Group , announced a three-way deal whereby Hachette would buy Perseus and then sell the company's client services businesses to Ingram. Financial details of
108-535: A productive rivalry among the subsidiaries, giving their executives broad authority and profit-sharing incentives. In 1959, Murphy hired John G. Ryan , formerly president of competitor P.F. Collier & Son , as president of The Richards Company. By 1968, Richards' sales, distributing the American Peoples Encyclopedia , exceeded that of the other Grolier encyclopedia subsidiaries. In 1968, Grolier's annual sales were over $ 181 million, and
135-746: A venerable upper-level (even adult-level) publication, will work in the long run. The name Grolier is retained as the Scholastic website Scholastic GO . The company exists as Grolier Incorporated. Franklin Watts Inc. was formed in 1942. The company was sold to Grolier in 1957. When the namesake founder retired in 1967, he moved to London to start Franklin Watts Ltd. in 1969. Franklin Watts retired again in 1976. When Grolier acquired Children's Press in 1995, much of Franklin Watts were published under
162-500: Is a French publishing group that was based in Paris. It was founded in 1826 by Louis Hachette as Brédif which later became successively L. Hachette et Compagnie , Librairie Hachette , Hachette SA and is then currently known in France as Hachette Livre . After acquiring an Australian publisher, Hachette Australia was created; in the UK it became Hachette UK , and its expansion into
189-713: The Arab world (mostly in Lebanon and Morocco ) and Francophone sub-saharan Africa . Hachette distributes partworks to France , Belgium , Switzerland , Canada , Spain , Portugal , Brazil , Argentina , Uruguay , Ecuador , Chile , Colombia , Mexico , Peru , the United Kingdom , the Republic of Ireland , Australia , New Zealand , South Africa , Italy , Greece , Germany , Austria , Poland , Japan , Taiwan , Hong Kong , Russia ,
216-793: The Doubleday's Encyclopedia) (1941), American Peoples Encyclopedia (1962), The New Book of Knowledge (1966), the Academic American Encyclopedia (1980), The New Grolier Electronic Encyclopedia (1985 CD-ROM), and the Grolier Multimedia Encyclopedia (1995). Grolier conducted its encyclopedia sales through subsidiaries Americana Corporation; The Grolier Society; Inc.; R.H. Hinckley Company; Spencer International Press, Inc.; and The Richards Company, Inc. Each subsidiary distributed publications as designated by Grolier. Murphy encouraged
243-746: The PlayStation . The video games they released include: Grolier Interactive ceased releasing video games when Grolier was bought by Scholastic. The Book of Knowledge Too Many Requests If you report this error to the Wikimedia System Administrators, please include the details below. Request from 172.68.168.133 via cp1102 cp1102, Varnish XID 542537322 Upstream caches: cp1102 int Error: 429, Too Many Requests at Thu, 28 Nov 2024 05:42:41 GMT Hachette (publisher) Hachette Livre ( French pronunciation: [a.ʃɛt] ) (or simply known as Hachette )
270-624: The United States became Hachette Book Group . Hachette Livre has been owned by the Lagardère Group since 1981 under their publishing division Lagardère Publishing . It was founded in 1826 by Louis Hachette as Brédif, a bookshop and publishing company. It became L. Hachette et Compagnie on 1 January 1846, Librairie Hachette in 1919, and Hachette SA in 1977. The company was family led for several generations, including by Hachette's great-grandson, Robert Meunier du Houssoy . It
297-464: The 1980s, with its mail order business expanding, Grolier returned to profitability. On August 8, 1986, Grolier announced a joint venture partnership with Hal Roach Studios and Robert Halmi, Inc. (both of these companies were later known as Qintex Entertainment) to set up a joint venture, Grolier Home Video, which was designed to set up adaptations of the Grolier book properties. In 1988 Grolier
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#1732772561464324-529: The 1992 edition was the first to deliver video and sound. The last CD-ROM edition published was the 2003 Grolier Multimedia Encyclopedia . In 1982, Grolier formed a subsidiary called Grolier Electronic Publishing Inc . Grolier Electronic Publishing Inc. was renamed Grolier Interactive Inc . in February 1996. They made electronic encyclopedias for the Amiga and video games for DOS , Windows , Macintosh and
351-489: The Children's Press imprint. When Hachette sold Grolier to Scholastic Corporation in 2000, Scholastic took U.S. rights to Children's Press and Franklin Watts as well. The UK branch exists today as an imprint of Hachette UK's Hachette Children's Books. Orchard Books was founded in 1986 by Grolier as a children's publisher. When editors Neal Porter, Richard Jackson and Melanie Kroupa left Orchard for DK in 1996, Grolier sued
378-654: The company held a 30 percent market share as the leading publisher of encyclopedias in the United States. Grolier also established a successful mail order subsidiary. In the 1970s, Grolier declined financially. Fred Murphy retired, and the company merged the sales subsidiaries into what became a less profitable unitary sales force. Grolier also made ill-fated investments in non-publishing ventures, including mobile homes. In 1976, Grolier lost $ 77 million on sales of $ 247 million. It threatened to file for bankruptcy if its creditors did not agree to restructure its debts. In
405-638: The deal were not disclosed. However, in August 2014, the deal was called off because Hachette and the other parties involved decided the deal was too complicated. The deal eventually went through in April 2016 with Perseus's publishing assets and imprints going to Hachette, and distribution assets to Ingram. Hachette's English-language businesses in the UK and the U.S. will be moved to a single management team in January 2024, with Hachette UK CEO David Chelley taking
432-703: The firm in 1912. Grolier's common stock began trading publicly in 1954, and it was listed on the New York Stock Exchange in 1965. Under Murphy's leadership, by the mid-1940s, Grolier became one of the largest publishers of general encyclopedias, including The Book of Knowledge and the Encyclopedia Americana. Grolier also published the Grolier Encyclopedia (based on the Harmsworth's Universal Encyclopedia and
459-463: The print edition. Eventually, the CD-ROM edition was quite different from the print edition. Grolier published the encyclopedia with numerous name variations: The Electronic Encyclopedia (1986), The Grolier Electronic Encyclopedia (1987), The New Grolier Electronic Encyclopedia (1988–91), The New Grolier Multimedia Encyclopedia (1992). The 1990 edition was the first to feature pictures, and
486-525: The sales force. Cuts occurred every year between 2000 and 2007, leaving a much-depleted work force to carry out the duties of maintaining a large encyclopedia database. Scholastic, which specializes in works for the K-8 market (Kindergarten-to-8th grade), has sought to position the Encyclopedia Americana as a reference resource for schools. It remains to be seen whether that strategy, applied to
513-723: The same position at the Hachette Book Group USA and reporting to the Hachette Livre chairman and CEO Arnaud Lagardère . Hachette Livre is involved in three core businesses: publishing, partworks and distribution. Hachette Livre has book publishing operations in their native France , as well as in Spain , Latin and North America (the former mostly in Mexico ), the United Kingdom , the Republic of Ireland , Russia , Australia , New Zealand , India , China ,
540-607: The trio. DK and Grolier settled the lawsuit. When Hachette sold Grolier to Scholastic Corporation in 2000, they included the U.S. branch of Orchard Books while retaining the UK branch. Grolier's first CD-ROM publication was the text-only Academic American Encyclopedia on CD-ROM in 1985, and was one of the first commercial CD-ROM titles. The text was based on the Academic American Encyclopedia , which comprised 30,000 entries and 9 million words. The editions were updated quarterly—a rate which outpaced
567-415: Was acquired by Hodder Headline , which was itself acquired in 2004 by the Lagardère Group . Since then, it has been an imprint under Lagardère brand known as Hachette UK. In 2004, Lagardère acquired Australian publisher Hodder Headline for Hachette Livre, who renamed it Hachette Australia. In 2006, it expanded into the United States when it purchased Time Warner 's book-publishing division, which
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#1732772561464594-523: Was acquired by the Lagardère Group in 1981. In 1992, the publishing assets of Hachette SA were grouped into a subsidiary called Hachette Livre ( French pronunciation: [a.ʃɛt liːvʁ] ), the flagship imprint of Lagardère Publishing . Hachette has its headquarters in the 15th arrondissement of Paris . In 1996, it merged with the Hatier group. In 2004, Hachette acquired dictionary publisher Éditions Larousse . In 2002, UK publisher John Murray
621-662: Was founded by Walter M. Jackson (1863–1923) as the Grolier Society. Jackson had been the partner of Horace Everett Hooper in publishing the 10th edition of the Encyclopædia Britannica and in developing its 11th edition. He split with Hooper in 1908–1909 in a nasty legal fight after failing to wrest control of the Britannica from Hooper. The Grolier Society specialized in publishing extra-fine editions of classics and rare literature. The Society
648-417: Was known for its presence in school libraries and its in-home encyclopedia sales. It also had a strong presence among parents of children under six years old, the market for Grolier's direct mail-to-the-home business. In June 2000, Grolier became part of Scholastic Corporation , which now maintains Scholastic GO , formerly Grolier Online . The company that became encyclopedia publisher Grolier Incorporated
675-576: Was named after the Grolier Club , which had been founded in 1884 to advance the arts involved in making books and which was itself named after a well-known French bibliophile , Jean Grolier de Servières . In 1910, Jackson purchased the rights to publish the British The Children's Encyclopædia under the name The Book of Knowledge . In 1936, the company was acquired by its senior sales executive, Fred P. Murphy, who had joined
702-701: Was purchased by the French media company Hachette , which owned a well-known French-language encyclopedia, the Hachette Encyclopedia . The sale price was $ 450 million. Hachette was later absorbed by the French conglomerate, the Lagardère Group . In 1995, Grolier acquired Children's Press , moving its operations from Chicago to New York City and Danbury, Connecticut . In 1999, Grolier had revenues of $ 450 million and earnings of approximately $ 45 million, with $ 4.5 million in Internet revenues. It had
729-1015: Was then renamed Hachette Book Group USA . Part of Time Warner's holdings was Australian independent publishing house Lothian Books, which was incorporated as an imprint. In June 2013, Hachette announced that it would acquire the adult trade business of Hyperion Books from Disney . (Disney retained the young adult business and books related to existing Disney–ABC TV properties, under an expanded Disney–Hyperion imprint.) In 2018, it announced its Robinson Millenials label, under which it would be publishing webcomics in partnership with Hiveworks Comics. Hachette UK acquired Laurence King Publishing , original publisher of adult colouring book author and illustrator Johanna Basford , in August 2020. In 2022, it acquired Welbeck Publishing Group . Since April 2015, Hachette's headquarters have been located at 58 rue Jean-Bleauzen in Vanves (department Hauts-de-Seine , France). Hachette's head office previously occupied
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